Rolls-Royce Holding PLC (OTCMKTS:RYCEY) Stock Price Passes Above 200 Day Moving Average of $0.00

Rolls-Royce Holding PLC (OTCMKTS:RYCEY) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $10.50. Rolls-Royce Holding PLC shares last traded at $10.49, with a volume of 10,918 shares traded.

Several analysts have issued reports on the stock. Zacks Investment Research lowered shares of Rolls-Royce Holding PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. BNP Paribas upgraded shares of Rolls-Royce Holding PLC from a “neutral” rating to an “outperform” rating in a research report on Friday, April 5th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $13.00.

The company’s 50-day moving average price is $10.99. The firm has a market cap of $20.04 billion, a price-to-earnings ratio of 49.81, a price-to-earnings-growth ratio of 2.02 and a beta of 0.96.

Several institutional investors have recently modified their holdings of RYCEY. Parametric Portfolio Associates LLC boosted its position in shares of Rolls-Royce Holding PLC by 8.3% during the 1st quarter. Parametric Portfolio Associates LLC now owns 2,192,959 shares of the aerospace company’s stock valued at $25,943,000 after acquiring an additional 168,361 shares in the last quarter. Park National Corp OH bought a new position in Rolls-Royce Holding PLC during the 2nd quarter valued at about $127,000. Quadrant Capital Group LLC lifted its holdings in Rolls-Royce Holding PLC by 108.4% during the 1st quarter. Quadrant Capital Group LLC now owns 19,386 shares of the aerospace company’s stock valued at $223,000 after purchasing an additional 10,085 shares during the last quarter. Finally, Canandaigua National Bank & Trust Co. bought a new position in Rolls-Royce Holding PLC during the 2nd quarter valued at about $108,000. Institutional investors and hedge funds own 0.13% of the company’s stock.

Rolls-Royce Holding PLC Company Profile (OTCMKTS:RYCEY)

Rolls-Royce Holdings plc operates as an industrial technology company worldwide. It operates through four segments: Civil Aerospace, Power Systems, Defence, and ITP Aero. The Civil Aerospace segment manufactures aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.

Read More: Options Trading – Understanding Strike Price

Receive News & Ratings for Rolls-Royce Holding PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rolls-Royce Holding PLC and related companies with MarketBeat.com's FREE daily email newsletter.